AGP Executive Report
Last update: 9 hours agoBudget Pressure: Guyana’s government has tabled a $54.889B supplementary funding request just four months after the $1.558T budget, including about $19B more for the Gas-to-Energy project to “accelerate” work, plus added allocations across agriculture, public works, utilities and housing. Power Sector Tension: Opposition APNU says the administration is mishandling energy planning as Karpowership threatens to suspend supply unless demands are met, while InterEnergy outlines a GPL grid modernisation roadmap through 2030. SME Financing Push: Finance Minister Ashni Singh tabled the Guyana Development Bank Bill 2026, aiming to expand SME credit with up to $3M micro-loans at zero interest, paired with mentorship and training. Oil Revenue Update: National Assembly papers show US$761M in oil revenues and royalties for Jan–Mar 2026. Local Content Focus: Minister Keoma Griffith says Local Content must be measured by lives improved, not just production and revenue. Skills & STEM: Queen’s College students won and then joined a STEM workshop using coding and robotics for smarter agriculture. Offshore Operations: Suppliers are advancing work offshore Guyana, including compressed air systems for FPSOs tied to the Hammerhead field.
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